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QUESTION 7 Kesha is planning to save $42 every quarter for 7 years. She plans to make her first quarterly contribution to her account later

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QUESTION 7 Kesha is planning to save $42 every quarter for 7 years. She plans to make her first quarterly contribution to her account later today. If she expects to have $3,114.27 in her account in 7 years from today, then what is the EAR that she expects to earn on her account? a. 26.82% (plus or minus 0.05 percentage points) O b. 24.48% (plus or minus 0.05 percentage points) c. 28.97% (plus or minus 0.05 percentage points) d. 28.57% (plus or minus 0.05 percentage points) The correct answer is 0.00% or a negative number, or the correct answer is a positive number, but none of the above is within 0.05 percentage points of the correct

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